Dáil Éireann Debate, Wednesday - 11 February 2026
232. Deputy Malcolm Byrne asked the Minister for Justice, Home Affairs and Migration for an update on the International Investor Programme; the actions which have been taken to support projects that have been part funded but not completed under the programme; and if he will make a statement on the matter. [10650/26]
View answer233. Deputy Malcolm Byrne asked the Minister for Justice, Home Affairs and Migration the measures in place to support the completion of a project at Carnew Road, Gorey on behalf of a group (details supplied) that was funded through the International Investor Programme; and if he will make a statement on the matter. [10651/26]
View answerI propose to take Questions Nos. 232 and 233 together.
The Immigrant Investor Programme (IIP) is fundamentally a programme for investors, not for projects or funds. The investor is the primary applicant and makes an application for an immigration permission and nominates a proposed project as part of that application. The Department has no role in relation to the administration of such investments and does not hold any funds at any stage. This is a private matter between a potential investor(s) and a potential project concerned.
It is ultimately a matter for the project owner / sponsor to ensure delivery on an approved project within the timeframe set out in its business plan.
The Government agreed to close the IIP to further applications from 15 February 2023. The closing of the programme did not affect already approved applicants and projects under the IIP. The Department continues to monitor all projects going forward for delivery and compliance with IIP requirements.
Further details concerning the processing of outstanding IIP applications is published on the Immigration Service website of my Department, including an FAQ document. Both can be accessed at the following link: www.irishimmigration.ie/processing-of-iip-applications-on-hand-following-the-closure-of-the-programme/
As Minister, I do not comment on individual Immigrant Investor Programme (IIP) applications. If a project owner has any queries, they can contact the IIP Unit of my Department directly.
